Moody’s downgrades its outlook on Eldorado Gold
Eldorado Gold’s (TSX: ELD; NYSE: EGO) troubles in Greece and Turkey have prompted Moody’s Investors Service to downgrade its rating outlook for the gold producer from stable to negative. “The…
Articles by Trish Saywell
Ross McElroy stakes new ground in Saskatchewan
Ross McElroy may call Kelowna, B.C., home, but his heart lies in Saskatchewan, where he has played a key role in four major discoveries in the Athabasca basin. The geologist…
Black Iron restarts in Ukraine three years after Russian invasion
In the three years leading up to Russia’s invasion of the Ukraine in 2014, Black Iron (TSX: BKI) was making headway at its flagship Shymanivske iron ore project, 330 km…
Monarques pours first gold at Beaufor, grows Wasamac resource
Monarques Gold (TSXV: MQR) has joined the club of Canadian gold producers after pouring its first gold bar from its Beaufor mine in Quebec, 20 km northeast of Val-d’Or. The…
TSX Venture Exchange slips, Oct. 16-20
The S&P/TSX Venture Composite Index fell 7.93 points to 789.51 — a 0.99% drop. Shares of Millennial Lithium jumped 51¢ to $2.34 on no news, prompting the junior to issue…
TSX posts marginal gain, Oct. 16-20
The S&P/TSX Composite Index rose 0.32% to finish the trading week at 15,857.22. The S&P/TSX Global Mining Index and the S&P/TSX Global Gold Index moved in the opposite direction, falling…
SEC charges Rio Tinto with fraud
The U.S. Securities and Exchange Commission (SEC) has charged Rio Tinto (NYSE: RIO; LON: RIO) and two of its former executives with fraud for inflating the value of coal assets…
Miners dismiss Marc Faber as director after racist comments
Sprott Inc. (TSX: SII), Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) and Nova-Gold Resources (TSX: NG; NYSE-AM: NG) have ejected Marc Faber from their boards after the Asia-based investment pundit penned…
Falco Resources completes feasibility study on Horne 5
A new feasibility study of the Horne 5 gold project in Rouyn-Noranda, Que., estimates it could cost C$1 billion to build, Falco Resources (TSXV: FPC; US-OTC: FPRGF) says. Preproduction construction costs for…
Helicopter attacked in mid-air at Tahoe’s Escobal
A helicopter carrying supplies to Tahoe Resources’ (TSX: THO; NYSE: TAHO) silver mine in Guatemala was attacked by small-arms fire from the ground, and the pilot had to make an…
Clean TeQ boosts cobalt grade by 30% at Sunrise
Just a little over a month after it signed an offtake agreement with one of the world’s largest producers of cathode material for the lithium-ion battery industry, Clean TeQ Holdings…
Candelaria Mining dodges politics at Caballo Blanco in Mexico
After acquiring the Caballo Blanco project in the Mexican state of Veracruz a little more than a year ago, Candelaria Mining (TSXV: CAND) prepared a new environmental impact assessment (MIA)…